19 September 2022
The Australian Banking Association (ABA) acknowledges the remarkable contribution of Her Majesty, Queen Elizabeth the Second, a life dedicated to service and duty.
The Australian Government has announced a National Day of Mourning on Thursday 22 September 2022. Each State and Territory has declared the day a public holiday under their respective legislation.
Importantly, for banks with branches and other financial institutions, Thursday will be a ‘bank close day’ with branches closed.
As a result, there will be delays to some payments, as is the case with other public holidays.
Banks will still be contactable, albeit in a reduced capacity, and customers are encouraged to contact their individual bank for further information.
Latest news
The ABA acknowledges today’s release of designations, draft industry codes, draft rules and a government discussion paper regarding the Scam Prevention Framework (SPF). Banks will scrutinise these SPF settings carefully to ensure they: ABA CEO Simon Birmingham said the most important policy objective of the SPF needed to be preventing scam losses in the first… Read more »
E&OE Bran Black, BCA: I’m here with colleagues from industry associations that represent the length and breadth of Australia’s economy, and we’re here today to talk about a couple of key features of the Budget. What I wanted to do is just take a step back first and just talk about how we came together…. Read more »
The Alliance of Industry Associations described measures in the Federal Budget as positive first steps on productivity reform, while calling for further action to deliver sustained cost of living relief for households and businesses. The Alliance, representing around 30 industry groups from a broad cross-section of Australia’s economy, has previously called for a significant package… Read more »